Putnam Investments to cut 47 jobs, merge funds (AP)

[riky]

Putnam Investments to cut 47 jobs, merge funds
    (AP)

 

AP - Putnam Investments said Monday it will cut 47 jobs, or nearly 2 percent of the work force, and merge six of the company's stock mutual funds into larger funds as part of a broad restructuring under its new chief executive.


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